February 2016 CAR Exports
Foreign Trade: Exports
Foreign trade is the system by which countries exchange goods and services.
Countries trade with each other to obtain things that are better quality, less expensive
or simply different from goods and services produced at home. The goods and services
that are sold to other countries are called exports.
The Cordillera Administrative Region (CAR) produced 28,196,387 kilograms (kgs.)
exports volume for February 2016, exceeding the volume produced from January 2016
which is 1,583,794 kgs.
The region’s free on board (FOB) value of export goods for February 2016 amounted
to $118,285,337. The FOB value in the region for February 2016 decreased by 12.0%
from the amount of $131,943,635 last January 2016.
Table 1. CAR Exports: January and February 2016
Month
Volume (kg)
FOB Value (USD)
January
1,583,794
131,943,635
February
28,196,387
118,285,337
Source: Philippine Statistics Authority
Exports By Commodity
Among the commodities, machinery and mechanical appliances, electrical equipment,
parts thereof, sound recorders and reproducers, and parts and accessories of such
articles ranked first on export sales with a share of 85.9% in January 2016 and until
February 2016 at 78.6% with export receipts totaling to $113,295,971 and
$93,021,323, respectively. Vehicles, aircrafts, vessels and associated transport
equipment come next at $17,360,190 and $24,821,275 FOB value accounting to
13.2% of share in January 2016 and 21.0% in February 2016.
The miscellaneous manufactured articles ranked the least in exports share accounting
only $1,202 in January 2016, and $0 FOB value in February 2016.
PHILIPPINE STATISTICS AUTHORITY Volume I No. 2 June 2016
CORDILLERA ADMINISTRATIVE REGION
PSA-CAR SPECIAL RELEASE
FOREIGN TRADE STATISTICS
Page 2
PSA-CAR Special Release: Foreign Trade Statistics
Table 2. Exports by Commodity in CAR: January and February 2016
Commodity
February 2016
Volume (kg)
FOB Value (USD)
Share (%)
Volume (kg)
FOB Value (USD)
Share (%)
TOTAL
1,583,794
131,943,635
100.0
28,196,387
118,285,337
100.0
i. Plastics and articles thereof; rubber and articles
thereof
5,001
37,306
0.0
29
4,884
0.0
ii. Raw hides and skins, leather, fur skins and articles
thereof; saddlery and harness; travel goods,
handbags and similar containers; articles of
animal gut (other than silk-worm gut)
33
2,915
0.0
835
3,784
0.0
iii. Textiles and textiles articles
2,686
137,278
0.1
2,644
116,986
0.1
iv. Base metals and articles of base metals
1,842
97,152
0.1
726
23,564
0.0
v. Machinery and mechanical appliances; electrical
equipment; parts thereof; sound recorders and
reproducers, and parts and accessories of such
articles
1,320,208
113,295,971
85.9
111,653
93,021,323
78.6
vi. Vehicles, aircraft, vessels and associated transport
equipment
248,481
17,360,190
13.2
28,079,568
24,821,275
21.0
vii. Optical, photographic, cinematographic,
measuring, checking, precision, medical or
surgical instruments and apparatus; clocks and
watches; musical instruments; parts and
accessories thereof
5,086
1,010,020
0.8
815
249,432
0.2
viii. Miscellaneous manufactured articles
446
1,202
0.0
0
0
0.0
ix. Works of art, collectors' pieces and antiques
11
1,601
0.0
117
44,089
0.0
Source: Philippine Statistics Authority
Country of Destination
As of February 2016, CAR largely exported to 3 countries, namely Singapore, The
Netherlands, and the United States of America (USA). Singapore had the biggest
share of the region’s exports at 36.6% with total value of $43,272,699, followed by
the Netherlands with 24.6% amounting to $29,157,363 of exports value, and the
United States of America (USA) at 12.7% or $15,028,942 in total value.
The region also exported goods to countries such as Malaysia, Mexico, Canada,
Republic of Korea, Israel, UAE, Switzerland, Thailand, India, Poland, Saudi Arabia,
Qatar, Vietnam, Portugal, Ireland, Brazil, Italy and Austria. These countries had
exports value registering in total payments of $1,855,596 or 1.6% of the total CAR
Exports.
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PSA-CAR Special Release: Foreign Trade Statistics
The Asia-Pacific Economic Cooperation (APEC) member countries are the primary
foreign trading partners of CAR. APEC is composed of 21 member countries, namely:
Australia, Brunei Darussalam, Canada, Chile, People’s Republic of China, Hong Kong,
Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New
Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Thailand, United States of
America, and Viet Nam.
In February 2016, APEC countries had total exports receipts amounting to
$79,396,072 representing 67% of the total exports in the region. Meanwhile, exports
to non-APEC countries comprised 33% of the total goods and commodities exported
valued at $38,889,265.
Among the APEC member countries, Singapore topped the region’s foreign export
sales receipts registering 54.5%, followed by the United State of America at 18.9%,
Taiwan at 9.8%, People’s Republic of China at 6.9%, Japan at 4.7%, Hong Kong at
3.3%, and the rest of the APEC countries at 1.9%.
Singapore
36.6%
Netherlands
24.6%
United States of
America
12.7%
Taiwan
6.6%
France
4.8%
China, People’s Rep.
of
4.6%
Japan
3.1%
Hongkong
2.2%
Germany
1.7%
UK of Great Britain
and N. Ireland
1.5%
Others
1.6%
Figure 1. CAR’s Top 10 Exports by Country: February 2016
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PSA-CAR Special Release: Foreign Trade Statistics
Machineries and mechanical appliances were the leading export products of CAR to
Singapore with total earnings of $41,823,093. These were followed by vehicles,
aircrafts, and other export goods with total value of $1,387,738.
The Netherlands is the region’s Non-APEC country primary buyer of machineries and
mechanical appliances with export receipts equivalent to $29,155,180.
Singapore
54.5%
United States of America
18.9%
Taiwan
9.8%
China, People's Rep. of
6.9%
Japan
4.7%
Hongkong
3.3%
Others
1.9%
APEC
67.1%
Non-
APEC
32.9%
Figure 2. Major APEC Trading Partners of CAR:
February 2016
Page 5
PSA-CAR Special Release: Foreign Trade Statistics
41,823,093
29,155,180
4,695,911
7,402,879
0
5,293,598
1,387,738
2,183
10,014,376
407,619
5,635,941
170,603
0
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
35,000,000
40,000,000
45,000,000
Singapore Netherlands USA Taiwan France People's Rep. of
China
FOB (In USD)
Figure 3. CAR Exports by Country of Destination and Commodity,
February 2016
Machinery and mechanical appliances1 Vehicles, aircraft, vessels2
1 electrical equipment; parts thereof; sound recorders and reproducers, and parts and accessories of such articles
2 and associated transport equipment
Free on Board Value (FOB) – is the value of the goods free on board the carrier at the frontier of the
exporting country. It includes inland freight, export duty and other expenses. In addition, the value of goods
in the Philippine foreign trade statistics is FOB.
Country of Destination (Exports only) – it is the country where the goods are to be consumed, further
processed, or manufactured.
Country of Origin (Imports only) – it is the country where the goods are mined, grown, or manufactured or
where each foreign material used or incorporated in a good underwent a change in tariff classification
indicating a substantial transformation under the applicable rule of origin for the good.
Exports – the goods and services that are sold to other countries.
Imports. – the goods and services that a country buys from other countries.
PSCC (Philippine Standard Commodity Classification) - is used to classify the imported commodities at
the most detailed level for statistical purposes.
Technical Notes
For more information, please contact:
Mail: PSA - CAR, Regional Office
141 CTLL Bldg. Abanao Extension, Baguio City
Tel. Nos.: (074) 442-7449
Telefax No.: (074) 443-7763
Email: socd_psacar@yahoo.com
psacordillera@yahoo.com.ph